Mining Frontier
  • Home
  • News
  • Press Releases
  • Market Reports
  • Sectors
    • Aluminium
    • COAL
    • COPPER
    • DIAMONDS
    • GOLD
    • IRON ORE AND MANGANESE
    • NICKEL
    • NIOBIUM
    • PHOSPHATES
    • PLATINUM
    • STEEL
  • Projects
  • Events & Conferences
  • Contact US
  • More
    • Newsletter Archive 2022
No Result
View All Result
  • Home
  • News
  • Press Releases
  • Market Reports
  • Sectors
    • Aluminium
    • COAL
    • COPPER
    • DIAMONDS
    • GOLD
    • IRON ORE AND MANGANESE
    • NICKEL
    • NIOBIUM
    • PHOSPHATES
    • PLATINUM
    • STEEL
  • Projects
  • Events & Conferences
  • Contact US
  • More
    • Newsletter Archive 2022
No Result
View All Result
Mining Frontier
No Result
View All Result
Home Sectors GOLD

Giyani Metals exits gold exploration in South Africa

September 24, 2019
in GOLD, News
Giyani Metals exits gold exploration in South Africa

Ontario-based Giyani Metals  announced that the company has reached an agreement to sell its 45% interest in Rock Island Trading 17, a privately held South African gold exploration company, for 9.56 million rand (approximately $650,000).

The sale of its interest in Rock Island to partner Corridor Mining Resources (CMR), a state-owned mining company, signals Giyani’s formal departure from gold exploration in South Africa.

The Canadian miner previously planned to explore gold deposits in the Archean greenstone belt in Limpopo. Focus was placed on the Rock Island project, which comprised two prospecting rights across four properties containing six past-producing gold mines.

Giyani will now focus on its battery-grade K.Hill manganese project in neighbouring Botswana, with preliminary economic assessment valuing the project at approximately $285 million.

The company will have to invest about $141.3 million in capital expenditure on the project, which is expected to produce 245,000 tonnes of high-purity electrolytic manganese metal over a nine-year operating life.

Previous Post

More than seventy speakers will meet in seville for mining and minerals hall's next edition

Next Post

Lucara finds another big diamond at its Karowe mine in Botswana

Related Posts

Hexagon and Volvo to provide autonomous safety systems for mining
News

FIRST MODE POWERS WORLD LARGEST ZERO-EMISSION VEHICLE FOR MINING GIANT ANGLO AMERICAN

May 14, 2022
News

Vale and Nippon Steel to evaluate carbon-neutral ironmaking solutions

May 10, 2022
SRG Global to provide drill and blast services for Saracen gold mines
News

FLSmidth to supply Sabina Gold & Silver with full flowsheet offering at Goose gold mine

May 10, 2022
News

Truck automation project gets going at BHP Spence copper mine in Chile

May 10, 2022
Katanga Mining announces agreement to acquire land rights from Gecamines
News

South32 becomes latest miner to join BluVein mine electrification project

May 10, 2022
Sandvik to supply battery-electric vehicle fleet to Hindustan Zinc SK Mine
News

Sandvik to supply battery-electric vehicle fleet to Hindustan Zinc SK Mine

May 10, 2022
Next Post
Lucara finds another big diamond at its Karowe mine in Botswana

Lucara finds another big diamond at its Karowe mine in Botswana

No Result
View All Result

Recent Posts

  • FIRST MODE POWERS WORLD LARGEST ZERO-EMISSION VEHICLE FOR MINING GIANT ANGLO AMERICAN
  • Vale and Nippon Steel to evaluate carbon-neutral ironmaking solutions
  • Orica launches lower environmental impact Fortis Protect range of bulk explosives
  • FLSmidth to supply Sabina Gold & Silver with full flowsheet offering at Goose gold mine
  • thyssenkrupp to build first in the world Rail Running Conveyor systems for Tier 1 copper miner
Mining Frontier

System

  • Search
  • Sitemap
  • Feed

Resources

  • Contact US
  • Download Mediapack
  • Home
  • News
  • Press Releases
  • Market Reports
  • Sectors
  • Projects
  • Events & Conferences
  • Contact US
  • More

© 2019 Copyright Valuemediaservices All rights reserved.

No Result
View All Result
  • Home
  • News
  • Press Releases
  • Market Reports
  • Sectors
    • Aluminium
    • COAL
    • COPPER
    • DIAMONDS
    • GOLD
    • IRON ORE AND MANGANESE
    • NICKEL
    • NIOBIUM
    • PHOSPHATES
    • PLATINUM
    • STEEL
  • Projects
  • Events & Conferences
  • Contact US
  • More
    • Newsletter Archive 2022

© 2019 Copyright Valuemediaservices All rights reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In